SBI Card partners with Paytm to launch Paytm SBI Card
NEW DELHI: SBI Card, India’s largest pure play credit card issuer and Paytm which is India’s leading digital financial services platform have joined hands to launch India’s next generation credit cards. Available in two variants, Paytm SBI Card and Paytm SBI Card SELECT, the product has been launched on the Visa platform. Paytm SBI Card […]
Paytm targets a million apps on its mini app store to take on Google
By Sankalp Phartiyal, Aditya Kalra NEW DELHI: Alibaba-backed Indian fintech firm Paytm is aiming for a million apps on its “mini app store” by the first quarter of 2021, it said on Thursday, seeking to challenge the dominance of Alphabet’s Google in India’s mobile web economy. Paytm founder Vijay Shekhar Sharma called Google “judge, jury […]
Paytm takes on Google, unveils India’s own Android Mini App Store
NEW DELHI: Digital payments platform Paytm on Monday launched an Android Mini App Store to support local developers take their innovative products to the masses. Paytm said it will provide listing and distribution of these mini-apps within its app without any charges. For payments, developers will be able to give a choice of Paytm Wallet, […]
Paytm trims losses by 40%, revenue hits Rs 3,629 crore in FY20
NEW DELHI: Digital payments major Paytm on Friday said its revenue for the fiscal year ended on March 31 increased to Rs 3,629 crore with a 40 per cent decline in losses. Paytm said that expanding its financial services with lending, wealth management and insurance offerings opened up new revenue streams for the company. “We […]
Paytm in expansion mode, to hire over 1,000 in various roles
NEW DELHI: Setting the stage for a major expansion amid the pandemic, leading digital payments service Paytm on Wednesday said it is in the process of hiring over 1,000 engineers, data scientists, financial analysts among other positions for tech and non-tech roles. Paytm in April announced to hire over 500 people for multiple roles, aside […]
Paytm to shift all Delhi-NCR operations to new Noida campus
NEW DELHI: Leading financial services platform Paytm has set up its largest campus yet in Noida and plans to gradually shift all operations based in Delhi-NCR to this campus including the headquarters of One97 Communications by the end of this year. The company has taken up over 5.5 lakh square feet of space comprising of […]
Paytm founder Vijay Shekhar Sharma to take home Rs 3 crore in remuneration
NEW DELHI: Paytm founder Vijay Shekhar Sharma will take home a remuneration of Rs 3 crore this fiscal, as per regulatory filings. The proposal pertaining to Sharma’s remuneration was approved by members of One97 Communications Ltd at their Annual General Meeting on September 30, 2019, filings with the Corporate Affairs Ministry showed. “…consent…is hereby accorded […]